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  It's a cold day in hell when the entire "This Week" panel rails against John McCain and his utter confusion when it comes to the economy. Cokie Roberts raises the specter of Herbert Hoover, Donaldson rightfully pins the deregulation racket on McCain and Republicans, calling McCain's promise to champion regulation a "hard pill to swallow,"  and George Will says McCain acted "unpresidential" and that the issue of age should re-enter the debate over whether McCain is fit for the job.

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Quote of the segment, from George Will of all people:

John McCain showed his personality this week and made some of us fearful.



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112 comments

Yeah, George Will was echoning the WSJ with his "unpresidential" jab. I thought they were pretty effective in noting how badly he handled the crisis so far. Just running around issuing random orders and making contradictory statements isnt leadership, its panic.

This is interesting. Sarah Palin talking about the Fat Cat Bailout saying that Floridians should be outraged.

Hold your nose because the stink is bad and the lies are outrageous but the populist theme coming from the crooks who allowed it is an interesting point to study.

Populist pandering. This roundtable mentions it I believe.

Donna Brazille only person this morning who said

"what's the rush"

http://abcnews.go.com/ThisWeek

First time I ever heard Donna and George come close to agreeing on anything. I almost thought I heard George Will thinking about voting for Obama

I was floored this morning when Cokie said something about parading these CEO's down Wall street in burlap bags.

She also said the timing almost makes you wonder "are they doing it on purpose"

U.S. Treasury Is About To Be Robbed. Secretary of The Treasury Paulson is the Head Gun Man

Ohio Governor Ted Strickland was on Ohio University’s campus Friday at 5 p.m. His support for Obama had the crowd going. But when he addressed the bailout crisis his words were grim. He had talked with Senator Sherrod Brown (D-OH) and what ever Senator Brown had heard in the meeting with Paulson and Bernecke had shook him to his core. All I heard out of Governor Strickland’s mouth was how important everyone thought it was to move quickly QUICKLY. That same evening I turned on MSNBC and there was Senator Dodd saying “quickly” we need to move “quickly” to bail these companies out. Dodd went onto say that “the oxygen had left the room” when Bernecke and Paulson let our Reps know just how serious it is claimed to be. WTF

As I watched and listened to Secretary of the Treasury Paulson on Meet the Press and This Week I thought to myself the U.S. Treasury is about to be robbed, cleaned out by the very same people who take stands against a national health care program, equity in education etc. The banking thugs who bundled bad loans and passed them on (so they would not be held accountable) to Insurance companies that entangle the American taxpayers pensions, retirement funds etc. I feel like the American people are sitting in their living rooms about to watch one of the biggest bank robberies of all times. The U.S, Treasury and Paulson the key holder to the treasury is holding a gun to our Reps heads and to the American taxpayers heads ” better give in now or it’s going to be worse”. Paulson would not support any suggestions being made to hold these corporate thugs accountable. No severance packages, investigations etc. Paulson stated that “it pained him” that the American taxpayer was going to be left holding the bag. But the bailout was the best way to “protect the American taxpayer” Where the hell have Paulson and Bernecke been? Where the hell have they been?

The only person to say “whoa, what’s the rush” was Donna Brazille, with a bit of support from George Will. (could hardly believe that one)
It seems we are about to witness the biggest robbery of all times and the American taxpayers are sitting and watching the robbery from their living rooms.

CALL YOUR SENATORS AND CONGRESSPEOPLE THIS WEEK AND SAY NO TO THE BAILOUTS. HOLD THESE THUGS ACCOUNTABLE. AT THE VERY LEAST INVESTIGATE EVERY CEO AND THEIR PERSONAL HOLDINGS AND MAKE THEM PAY FOR THESE VERY SERIOUS MISTAKES.

Call write, email QUICKLY QUICKLY QUICKLY before these thugs rob the U.S. treasury
MAKE THEM PAY FOR NATIONAL HEALTH CARE FOR THE 40 MILLION UNINSURED FOR SEVERAL YEARS.
Quote This Comment
September 21st, 2008 at 12:13 PM

. . . and you thought Ronald Reagan and George Bush were stupid.

Yes, McCain and Palin suck. Mandatory disclosure.

Whether they suck is irrelevant.

Who's going to deal with the mess?

Obama and a Dem congress?

Wouldn't bet a dime in Vegas on this bet.

This is a pivotal moment. The people on this panel are all "corporate" approved. And..they said some deep shit about McCain. Interesting indeed!

Fire Chris Cox? 'Nuff said.

Palin's on the stump talking about the evil CEOs who run companies into the ground, and then walk away with multi million dollar golden parachutes? Never heard of 'em.

The market need common sense REGULATIONS, and those who deregulated it were wrong. Never heard of anybody like that around here.

Daym...

The Old Golds have abandoned GI John..

"Populism is always pandering." - George Will

That right there lets us know how the "elites" see the populous in regards to policies. We are just here to be placated while they figure out how to continue the wealth redistribution to themselves.

Uh oh, I gotta go check something

*runs to hell*

yup, I was right. Snowball fights and snowmen everywhere down there.

Hmmm... it's starting to get really interesting, isn't it? I'm going to sit back and watch the show. Republicans are really great at throwing each other under the bus. I have some candidates for that honor in mind... can any say kkkarl rove, to name just one.

If Obama gets elected, it will be because the Paulson crew have bought him off.

ok... now I don't really know WHAT THE F___ is going on.

All of Washington DC wants to hand over a 500 BILLION DOLLAR BLANK CHECK... WITH NO OVER-SIGHT to a single guy... in the BUSH ADMINISTRATION??

... and GEORGE WILL has jumped ship on the candidate chosen by THE REPUBLICANS??

I need to go find my down parky, wool insert mittens, and Sorels. Hell is freezing over.

In addressing the financial crisis,McCain focused on Obama as the source and cause of current worldwide financial problems.
McCain was quick to announce that if he was the president he would fire the SEC chairman Christopher Cox,in the midst of this financial storm.
That does not show leadership it showed instead a panic.
He later next day said if he was a president,he will not pay money for these people in Wall Street..
Next day he said the opposite.
McCain and Sarah Palin are accusing Obama of being behind this
crisis..the silliest thing I've heard to suggest that Obama was
behind all of this.
These Reaganites believes that the government is the problem,and not the solution..until they come to government looking for bailouts,looking for solutions to their financial losses due to greed and mismanagement in the billions of dollars.
To these people it is capitalism when businessses make money,but it is socialism when businesses make losses.

Next up: Pigs will fly.

Vertigo @ 18:

Next up: Pigs will fly.

Don't you dare insinuate that Sarah Palin is too fat to fly.

What they all need to be talking about is fascism. We're headed that way.

Worth a mention. Remember "the bridge to nowhere"? That project which Palin supported? Well, not all of it was cancelled. The road project leading up to the the never-to-be bridge was started and was completed this week.

http://edition.cnn.com/2008/US/09/20/road.to.nowhere.ap/index.html

The Democrats are going to give the Republicans everything they want, then on top the Democrats will throw a few bones to few hapless home owners that ARE STILL IN THEIR HOMES.

They thus may add a few hundred billion to the outrage. The Republicans and Democrats get the Fat Cats the money, the Democrats congratulate themselves that were tough and got what they had to get. They pass the bill, they get re-elected and the ponzi scheme is kicked the road.

The National Debt will have ballooned to an even greater number than the Republicans want, who is to worry, we are floating a ponzi scheme and borrowing all of the money.

Mark my words, that is the way the one party (with two wings so you can pretend that there is a functional democracy) state works.

McCain is going populist, the Corporate crowd doesn't like it. Follow my link at #2.

That is why this 'Corporate' approved roundtable is coming down on McCain, who is desperate.

The fix is in.

John McCain showed his personality this week and made some of us fearful.

Now that is a mouthfull from a right wing nutbag.
How can we trust anything that comes from the GOP/corporate/fascist/party?
We need to empty Washington and America of these scum!

Get real.

It's not Dems vs. Repubs.

It's Americans against the power structure behind both parties.

Beating on Repubs does no good. The evil fucks simply buy out the Dems.

Kathleen @ 3:

Donna Brazille only person this morning who said

"what's the rush"

http://abcnews.go.com/ThisWeek

First time I ever heard Donna and George come close to agreeing on anything. I almost thought I heard George Will thinking about voting for Obama

exactly what is the 'rush'? this was a relatively good
roundtable. during the week i heard ridiculous
criticism of obama because mccain had already come
out with opinion(s) regarding this issue. i'm listening to
this criticism by some talking head after hearing from
financial intellects they're NOT sure the exact/depth
of the problem....so the maverick gets a star for
premature ejacualtion. they don't want the truth of this
to empower obama. obama has a high emotional I.Q.
whereas mccain does NOT. obama was waiting for
good solid information from the treasury,capitol hill
and his consultants.

Alice X - (Chomsky Nader) - status quObama - change you can pretend in - @ 21:

The Democrats are going to give the Republicans everything they want, then on top the Democrats will throw a few bones to few hapless home owners that ARE STILL IN THEIR HOMES.

They thus may add a few hundred billion to the outrage. The Republicans and Democrats get the Fat Cats the money, the Democrats congratulate themselves that were tough and got what they had to get. They pass the bill, they get re-elected and the ponzi scheme is kicked the road.

You may be right. If so we may need to take more drastic measures!

The National Debt will have ballooned to an even greater number than the Republicans want, who is to worry, we are floating a ponzi scheme and borrowing all of the money.

Mark my words, that is the way the one party (with two wings so you can pretend that there is a functional democracy) state works.

McCain is going populist, the Corporate crowd doesn't like it. Follow my link at #2.

That is why this 'Corporate' approved roundtable is coming down on McCain, who is desperate.

The fix is in.

Stupid Git @ 12:

"Populism is always pandering." - George Will

That right there lets us know how the "elites" see the populous in regards to policies. We are just here to be placated while they figure out how to continue the wealth redistribution to themselves.

I think he said when done by the party in power.

The fix is in, McCain is desperate and going populist. Which is ridiculous because he is MR DEREGULATION.

McCain said the economic fundamentals are so strong, just two days before the veneer started to peel off,and everybody now can see what are these fundamnetals McCain was describing earlier are made of.

Last week's financial meltdown is like 9-11, and this bailout package is like the Patriot Act.

Kathleen @ 4:

I was floored this morning when Cokie said something about parading these CEO's down Wall street in burlap bags.

She also said the timing almost makes you wonder "are they doing it on purpose"

Wonder if the French government could take their guillotine out of mothballs and send to the States. It could turn out to be the second greatest gift the French gave the American people. IMHO, before this is all over their will be Republican fruit hanging from the trees.

constituent @ 24:

Kathleen @ 3:

Donna Brazille only person this morning who said

"what's the rush"

http://abcnews.go.com/ThisWeek

First time I ever heard Donna and George come close to agreeing on anything. I almost thought I heard George Will thinking about voting for Obama

exactly what is the 'rush'? this was a relatively good
roundtable. during the week i heard ridiculous
criticism of obama because mccain had already come
out with opinion(s) regarding this issue. i'm listening to
this criticism by some talking head after hearing from
financial intellects they're NOT sure the exact/depth
of the problem....so the maverick gets a star for
premature ejacualtion. they don't want the truth of this
to empower obama. obama has a high emotional I.Q.
whereas mccain does NOT. obama was waiting for
good solid information from the treasury,capitol hill
and his consultants.

The quicker the worse for the American people and all the better for the ones at fault!

People are much different when money is on the table. If it's abortion, or gay rights, etc., they can distance themselves, and encourage "the base" to vote their way, not that they really care about either of those issues; it's always about money. Money changes the formula. True conservatives see this "bailout" as socialism.

To james Ratliff @25

I thought I would clean this up for both of us. We'll see if it works.

Alice X - (Chomsky Nader) - status quObama - change you can pretend in - @ 21:

The Democrats are going to give the Republicans everything they want, then on top the Democrats will throw a few bones to few hapless home owners that ARE STILL IN THEIR HOMES.

They thus may add a few hundred billion to the outrage. The Republicans and Democrats get the Fat Cats the money, the Democrats congratulate themselves that were tough and got what they had to get. They pass the bill, they get re-elected and the ponzi scheme is kicked down the road./blockquote>

You may be right. If so we may need to take more drastic measures!

The National Debt will have ballooned to an even greater number than the Republicans want, who is to worry, we are floating a ponzi scheme and borrowing all of the money.

Mark my words, that is the way the one party (with two wings so you can pretend that there is a functional democracy) state works.

McCain is going populist, the Corporate crowd doesn't like it. Follow my link at #2.

That is why this 'Corporate' approved roundtable is coming down on McCain, who is desperate.

The fix is in.

Sic Semper Kiwanis @ 28:

Last week's financial meltdown is like 9-11, and this bailout package is like the Patriot Act.

No, the Wall Street equivalent of the Patriot Act would be an emergency set of tort reform laws making it illegal for the shareholders in those companies to sue the executives, because "the last thing the financial industry needs during this time of crisis is to be spending all their bail out money settling law suits." It would also be followed by an emergency set of tax cuts and deregulations for the HMOs and pharmaceutical companies "before the same thing happens to them."

The emergency bailout is just the run of the mill corporate welfare remedy.

"...the issue of age should re-enter the debate over whether McCain is fit for the job."

The issue of age should re-enter the debate over whether Palin is knowledgeable enough to step in, especially given that she isn't knowledgeable enough to deal with questions from the press.

Privatize the profits, socialize the losses.
That's the Republican way, and why no one with less than $millions$ should ever vote for them.

John McCain practically brags (with that endearing neocon snicker) that he knows nothing about economics. What has a self-professed economic ignoramus been doing for so many years on the US Senate's Commerce committee? If he is not only ignorant, but unable to learn (ie: STUPID), then isn't it the absolute epitome of irresponsibility for him to continue to make economic decisions for America?

And oh yeah - what's a self-professed ignoramus doing running for president?

Yeah, the fix is in.

All we need is significant disruption of the financial markets.

National Emergency.

Shrub takes power under the continuity of government (COG) legislation.

Suspension of all laws.

Shrub becomes dictator until the National Emergency ends.

Gotugye @ 29:

Kathleen @ 4:

I was floored this morning when Cokie said something about parading these CEO's down Wall street in burlap bags.

She also said the timing almost makes you wonder "are they doing it on purpose"

Wonder if the French government could take their guillotine out of mothballs and send to the States. It could turn out to be the second greatest gift the French gave the American people. IMHO, before this is all over their will be Republican fruit hanging from the trees.

We could probably make our own. I rather doubt that one would be enough, and I don't think it would be only Republican fruit hanging from those trees.

Lets call it Republicrat fruit.

I do concur with the basic concept.

A group of pundits, bashing McCain. Who on earth would have thought that even 4 weeks ago. A lot has been accomplished to take the shine off McCain's halo. This is good news.

McCain makes the whole world fearful.
Bush was bad enough, but McCain is even worse

McCain's Media Base is shrinking for the same reason that he chose such a demonstrably unqualified Palin:

The Republicans are tanking it.

They have prepped the road to perdition with unquestioned assumptions and terroristic calls for haste. Can anyone say Patriot Act?

They put the country in the deepest hole possible (Nixon, Ford, WIN Buttons, Gas Crisis) then they run an unviable ticket (Ford/Dole). The country elects a Democrat(Carter) who gets the blame for the mess left bt the Republicans. Democrats get a bad rap for years to come.

Don't let history repeat. FIGHT the bailout.

Alice X - (Chomsky Nader) - status quObama - change you can pretend in - @ 38:

Gotugye @ 29:

Kathleen @ 4:

I was floored this morning when Cokie said something about parading these CEO's down Wall street in burlap bags.

She also said the timing almost makes you wonder "are they doing it on purpose"

Wonder if the French government could take their guillotine out of mothballs and send to the States. It could turn out to be the second greatest gift the French gave the American people. IMHO, before this is all over their will be Republican fruit hanging from the trees.

We could probably make our own. I rather doubt that one would be enough, and I don't think it would be only Republican fruit hanging from those trees.

Lets call it Republicrat fruit.

I do concur with the basic concept.

We need to manufacture our owm guillotines. It will create jobs in the U.S. and there will be a huge demand for them.

VietVet8666 @ 37:

Yeah, the fix is in.

All we need is significant disruption of the financial markets.

National Emergency.

Shrub takes power under the continuity of government (COG) legislation.

Suspension of all laws.

Shrub becomes dictator until the National Emergency ends.

Which will never end because we are in 'an endless war'.

'If you must break the law, do it to seize power: in all other cases observe it.'

Julius Ceaser

These people know what is going on. They know the sickness that has invaded our country. Everyone should stand up and admit it. It's too late to shy away from the harshities of life...

"They still haven't caught [those] that killed Kennedy.. I'm pretty sure those guys are still in power" -- Bruce Willis

refresh your memory with this 40 second video it's a
gem....russert exposes mccain who says he is well
versed in economics.

http://www.youtube.com/watch?v=_OunCv-7qvA

Wonder if the French government could take their guillotine out of mothballs and send to the States. It could turn out to be the second greatest gift the French gave the American people. IMHO, before this is all over their will be Republican fruit hanging from the trees.

We could probably make our own. I rather doubt that one would be enough, and I don’t think it would be only Republican fruit hanging from those trees.

I think that life prison terms would be a better solution. But a real prison not a country club like they usually get. You know like Arch Moore from WV, got? That was a sweetheart deal.

Bush 2005:

We are here in Washington, D.C. to address problems. So I've set this goal for the country. We want 5.5 million more homeowners by 2010 -- million more minority homeowners by 2010. (Applause.) Five-and-a-half million families by 2010 will own a home. That is our goal. It is a realistic goal. But it's going to mean we're going to have to work hard to achieve the goal, all of us. And by all of us, I mean not only the federal government, but the private sector, as well.

And so I want to, one, encourage you to do everything you can to work in a realistic, smart way to get this done. I repeat, we're here for a reason. And part of the reason is to make this dream extend everywhere.

I'm going to do my part by setting the goal, by reminding people of the goal, by heralding the goal, and by calling people into action, both the federal level, state level, local level, and in the private sector. (Applause.)

And so what are the barriers that we can deal with here in Washington? Well, probably the single barrier to first-time homeownership is high down payments. People take a look at the down payment, they say that's too high, I'm not buying. They may have the desire to buy, but they don't have the wherewithal to handle the down payment. We can deal with that. And so I've asked Congress to fully fund an American Dream down payment fund which will help a low-income family to qualify to buy, to buy. (Applause.)

We believe when this fund is fully funded and properly administered, which it will be under the Bush administration, that over 40,000 families a year -- 40,000 families a year -- will be able to realize the dream we want them to be able to realize, and that's owning their own home. (Applause.)

The second barrier to ownership is the lack of affordable housing. There are neighborhoods in America where you just can't find a house that's affordable to purchase, and we need to deal with that problem. The best way to do so, I think, is to set up a single family affordable housing tax credit to the tune of $2.4 billion over the next five years to encourage affordable single family housing in inner-city America. (Applause.)

The third problem is the fact that the rules are too complex. People get discouraged by the fine print on the contracts. They take a look and say, well, I'm not so sure I want to sign this. There's too many words. (Laughter.) There's too many pitfalls. So one of the things that the Secretary is going to do is he's going to simplify the closing documents and all the documents that have to deal with homeownership.

It is essential that we make it easier for people to buy a home, not harder. And in order to do so, we've got to educate folks. Some of us take homeownership for granted, but there are people -- obviously, the home purchase is a significant, significant decision by our fellow Americans. We've got people who have newly arrived to our country, don't know the customs. We've got people in certain neighborhoods that just aren't really sure what it means to buy a home. And it seems like to us that it makes sense to have a outreach program, an education program that explains the whys and wherefores of buying a house, to make it easier for people to not only understand the legal implications and ramifications, but to make it easier to understand how to get a good loan.

There's some people out there that can fall prey to unscrupulous lenders, and we have an obligation to educate and to use our resource base to help people understand how to purchase a home and what -- where the good opportunities might exist for home purchasing.

Finally, we want to make sure the Section 8 homeownership program is fully implemented. This is a program that provides vouchers for first-time home buyers which they can use for down payments and/or mortgage payments. (Applause.)

So this is an ambitious start here at the federal level. And, again, I repeat, you all need to help us every way you can. But the private sector needs to help, too. They need to help, too. Of course, it's in their interest. If you're a realtor, it's in your interest that somebody be interested in buying a home. If you're a homebuilder, it's in your interest that somebody be interested in buying a home.

And so, therefore, I've called -- yesterday, I called upon the private sector to help us and help the home buyers. We need more capital in the private markets for first-time, low-income buyers. And I'm proud to report that Fannie Mae has heard the call and, as I understand, it's about $440 billion over a period of time. They've used their influence to create that much capital available for the type of home buyer we're talking about here. It's in their charter; it now needs to be implemented. Freddie Mac is interested in helping. I appreciate both of those agencies providing the underpinnings of good capital.

There's a lot of faith-based programs that want to be involved with educating people about how to buy a home. And we're going to have an active outreach from HUD. (Applause.)

And so this ambitious goal is going to be met. I believe it will be, just so long as we keep focused, and remember that security at home is -- economic security at home is just an important part of -- as homeland security. And owning a home is part of that economic security. It's also a part of making sure that this country fulfills its great hope and vision.

Pericles @ 33:

Sic Semper Kiwanis @ 28:

Last week's financial meltdown is like 9-11, and this bailout package is like the Patriot Act.

No, the Wall Street equivalent of the Patriot Act would be an emergency set of tort reform laws making it illegal for the shareholders in those companies to sue the executives, because "the last thing the financial industry needs during this time of crisis is to be spending all their bail out money settling law suits." It would also be followed by an emergency set of tax cuts and deregulations for the HMOs and pharmaceutical companies "before the same thing happens to them."

The emergency bailout is just the run of the mill corporate welfare remedy.

Oh yeah? Check this, per Glenn Greenwald (emphasis mine):

The three key provisions: (1) The Treasury Secretary is authorized to buy up to $700 billion of any mortgage-related assets (so he can just transfer that amount to any corporations in exchange for their worthless or severely crippled "assets") [Sec. 6]; (2) The ceiling on the national debt is raised to $11.3 trillion to accommodate this scheme [Sec. 10]; and (3) best of all: "Decisions by the Secretary pursuant to the authority of this Act are non-reviewable and committed to agency discretion, and may not be reviewed by any court of law or any administrative agency" [Sec. 8].

Quote of the segment, from George Will of all people:

John McCain showed his personality this week and made some of us fearful.

*OUCH*

But Gramm's most cunning coup on behalf of his friends in the financial services industry—friends who gave him millions over his 24-year congressional career—came on December 15, 2000. It was an especially tense time in Washington. Only two days earlier, the Supreme Court had issued its decision on Bush v. Gore. President Bill Clinton and the Republican-controlled Congress were locked in a budget showdown. It was the perfect moment for a wily senator to game the system. As Congress and the White House were hurriedly hammering out a $384-billion omnibus spending bill, Gramm slipped in a 262-page measure called the Commodity Futures Modernization Act. Written with the help of financial industry lobbyists and cosponsored by Senator Richard Lugar (R-Ind.), the chairman of the agriculture committee, the measure had been considered dead—even by Gramm. Few lawmakers had either the opportunity or inclination to read the version of the bill Gramm inserted. "Nobody in either chamber had any knowledge of what was going on or what was in it," says a congressional aide familiar with the bill's history.
mother jones july/august 2008 issue

bubba @ 1:

Yeah, George Will was echoning the WSJ with his "unpresidential" jab. I thought they were pretty effective in noting how badly he handled the crisis so far. Just running around issuing random orders and making contradictory statements isnt leadership, its panic.

Dear George Will:

You and your peers, in the name of "objective journalism" created the monster that is the Bush Administration, and the monster that spawned John McCain. Just because you can't live with the truth of creating a monster that's come back to bite you in the ass, doesn't mean you get to turn "righteous" until you admit the policies you used your position as a journalist to advocate, have failed miserably and none of you let yourselves off the hook.

Signed,

Pissed Off People of the United States of America

Kathleen @ 3:

Donna Brazille only person this morning who said

"what's the rush"

http://abcnews.go.com/ThisWeek

First time I ever heard Donna and George come close to agreeing on anything. I almost thought I heard George Will thinking about voting for Obama

Whats the rush?

November 4th, 2008!

The Political Junkie @ 51:

bubba @ 1:

Yeah, George Will was echoning the WSJ with his "unpresidential" jab. I thought they were pretty effective in noting how badly he handled the crisis so far. Just running around issuing random orders and making contradictory statements isnt leadership, its panic.

Dear George Will:

You and your peers, in the name of "objective journalism" created the monster that is the Bush Administration, and the monster that spawned John McCain. Just because you can't live with the truth of creating a monster that's come back to bite you in the ass, doesn't mean you get to turn "righteous" until you admit the policies you used your position as a journalist to advocate, have failed miserably and none of you let yourselves off the hook.

Signed,

Pissed Off People of the United States of America

Amen!!

Sic Semper Kiwanis @ 48:

Pericles @ 33:

Sic Semper Kiwanis @ 28:

This is a coup d'etat. The Treasury Secretary can sell these assets and then max the total to $700 billion again.

The total stays max-ed at $700 billion or more if the Democrats decide to further stack the deck.

Here is the full bill, short and corrupt.

Moral Compass @ 7:

. . . and you thought Ronald Reagan and George Bush were stupid.

To quote the "Gipper": "You ain't seen nuthin yet".

And all the Federal Reserve is doing is printing out monopoly money that looks like real money, to flow into the economy and pump it up, while bailing out failing banks, but that "money" is in fact, worthless, if all the countries we owe decide to call in their paper.

Is it me, or didn't this country weather the period of failed banks, savings & loans under another Bush Administration almost 20 years ago? Wasn't one of Bush's brothers running a savings and loan called Silverado in Colorado back in 1987?

The fruit really does not fall far from the tree on this one, and McCain has to own up to covering up with his role in the Keating Five.

Wow, it wasn't just our crappy tv reception, George Will really did body slam McPfailin!

George Will and Cokie Roberts criticizing John McBoob? Next thing we'll see is pigs fly. (Sorry about that Sarah)

Will is the most interesting person in this clip. I strongly disagree with him on nearly every policy issue that he's talked about for the last 20 years or so, but he appears to be genuinely concerned that McCain is unfit for the presidency. So much so that he is not going to be a good soldier and follow the Republican talking points in the run up to the election.

If that is part of a trend among the non-fundie Republicans, we could see a lot of support moving away from McCain and toward Obama. That would be most welcome.

There was a time in the past when my fellow Americans thought that anyone who spoke poorly of Richard Nixon was just some part liner who hated Dick because he was a Republican. My father always said that there was something really wrong with the guy.
Eventually everyone in the country found out just how bad he was. Then came W. Lots of people saw that he was a total idiot from the very beginning. But that was just more partisanship until the entire country woke up one morning and found out as a group that he was the worst ever prez.

Now we come to the question of John McCain. When many of us said he was entirely too old and angry for this job, we were just being partisan once again.

Let's see how long it takes everyone to figure out what the better judges of human nature already see. Hope that happens before this angry old man is in the White House.

VietVet8666 @ 8:

Yes, McCain and Palin suck. Mandatory disclosure.

Whether they suck is irrelevant.

Who's going to deal with the mess?

Obama and a Dem congress?

Wouldn't bet a dime in Vegas on this bet.

Then what's you solution, VietVet? Shall we go out and settle it with guns? I bet you couldn't quote one earthly thing that either the Dems or Obama has said about the issue here. (Unless you go somewhere and look it up first). You want to vote Republican, go right ahead. Just don't start making up reasons. You seem to be quite happy with the way things are going. This is probably not fixable in my lifetime, but the Dems will try harder than these Republicans who have been in bed with all these robbers for years.

Dear group of republican ass kissers: America does NOT want your opinion. You may go away now. 'This Week' is 7 years to late. Your all FIRED, no pay check for any of you.

Joe Public

I love it when these decrepit freaks criticize McCain for his age.

Record A Horse Race Or Make A Horse Race: That Is The Question

What role is the media supposed to play as they cover the election? It's puzzling to figure it out. On some days like today,they report what has happened throughout the week, while on other days, they do everything they can to make it a balanced issue so they can have their horse race.

Every time there is a claim, John McCain is lying, it does not have to follow Barack Obama is too. When that is done, a force balance, it dose more to say lying is okay because all candidates do it.

When will the media report the kind of lying McCain has resorted to is in the "make anything up range." I wonder why it is not reported as it truly is: All made up. I guess you can't get a horse race out of a reality perspective, but you can if you juice it up.I wonder if the media will move pass their obsession with the horse race and report the election how it unfolds.

Joseph

VietVet8666 @ 8:

Yes, McCain and Palin suck. Mandatory disclosure.

Whether they suck is irrelevant.

Who's going to deal with the mess?

Obama and a Dem congress?

Wouldn't bet a dime in Vegas on this bet.

Seriously? Not a dime? The GOP will suck the country dry (or even more so). The Dems, although more than a little spineless right now, have historically been the only way for the U.S. to get back on its feet. What is a shame is the country's irrational fear of choosing a third party. But then, a real solution would be to get rid of the party structure altogether and have constituents send people that speak for them instead of a party.

CHANGE?

I remember well, the last time somebody was thinking of trying it.
The change came very quickly. In DeeLee Plaza.

The system is a dysfunctional front, run by the secret societies of money holders, in secret meetings, using their secret budgets and secret profits. Only they can and have made the real changes that HAVE really happened.

Gramps on 60 Minutes now. Railing on possible war with Iran, again.

What is happening in the US. It seems blatantly obvious that the ruling party is handing vast amounts of money, without a care in the world to people who are poorly qualified to handle that money. It's just theft and they are getting away with it.

I would be outraged, if it was my money. But I come from Europe where the money is spent on socialised health-care, wind turbines and a functional transport system.

In Europe, yes your banks can fail, and you can lose the shirt on your back but leaving you on the mercy of the social system. And you pay gladly into that system if you are humble enough to realise that, yes one day that unlucky person could be you.

Please get rid of those greedy soul-less corporate puppets you call a government. They are laughing all the way to the bank at the moment, and you are letting them do it.

I'm so thankful I heard that last sentence about being fearful of McPaleosaur in the morning, If I had heard this clip at night i would have laid awake all night.

Sic Semper Kiwanis @ 28:

Last week's financial meltdown is like 9-11, and this bailout package is like the Patriot Act.

Also known as The Shock Doctrine.

Cokie seems to be trying really hard to find a way for McCain to come across as the transcendent crisis manager. I guess the idea of a "scary black man" being president is more than the delicate little southern flower can tolerate. Poor John McCain, another pandering, incoherent Right Wing incompetent saddled with the legacy of Herbert Hoover. Oh, the injustice of it all.

The question is: will George Will be able to overcome decades of voting Republican and admit (in the voting booth) that John McCain is thoroughly unqualified to be president. It's hard to imagine Will voting for Obama, but he really does seem to have a very low opinion of McCain. So, does Will vote for a third party candidate?

I think Sam D. (yuck, I certainly haven't missed him) hinted at one of the things that is really going on here -- McCain is a nearly senile old fool. Senility on top of stupidity. Now, that's a leader for the times. Of course, his stupidity just makes him someone tens of millions of Americans can identify with. After all, don't we all want "one of our own" in the White House.

The United States is swiftly becoming the laughing stock of the world. Palin has no more business meeting with foreign head's of state than my 7 year old son. McCain clearly failed to put country first in his decision to select her. I recently cyber-snooped info regarding the real reason Monegan was fired. Her lack of knowledge regarding her own country's history plus the horrible troopergate scandal are an insult to the intelligence of the American people.

After the events of this past week, why would anyone in their right minds vote for McLame/Pallid? Oh, I fogot. He was a POW and she has really cool glasses.

Roschelle @ 72:

The United States is swiftly becoming the laughing stock of the world. Palin has no more business meeting with foreign head's of state than my 7 year old son. McCain clearly failed to put country first in his decision to select her. I recently cyber-snooped info regarding the real reason Monegan was fired. Her lack of knowledge regarding her own country's history plus the horrible troopergate scandal are an insult to the intelligence of the American people.

I'm utterly shocked by your sexism. Don't you know that questioning a Republican woman's competence is an insult to all women everywhere for all time?

For heaven's sake, Roschelle, aren't you aware that Sarah won't "blink," because, "Charlie, you can't blink?" Obama will undoubtedly blink. But Sarah will be right there with her unblinking eyes wide open. She makes me so proud.

And has it escaped your notice that Sarah "has that readiness, eagerness, and willingness to serve...to change everything." Surely, being enthusiastic is the only qualification that any candidate for president or vice president can be expected to have or really needs.

I'm shocked by how much you hate America. And women. And the American flag. And apple pie. And the Pledge of Allegiance. You're a horrible person.

Ron @ 42:

Alice X - (Chomsky Nader) - status quObama - change you can pretend in - @ 38:

Gotugye @ 29:

Kathleen @ 4:

Wonder if the French government could take their guillotine out of mothballs and send to the States. It could turn out to be the second greatest gift the French gave the American people. IMHO, before this is all over their will be Republican fruit hanging from the trees.

We could probably make our own. I rather doubt that one would be enough, and I don't think it would be only Republican fruit hanging from those trees.

Lets call it Republicrat fruit.

I do concur with the basic concept.

We need to manufacture our owm guillotines. It will create jobs in the U.S. and there will be a huge demand for them.

I'll put in an order for one of those head-removers... with an extra blade. Lots of corrupt repug heads to roll down these Texas streets.

JimboSlice @ 19:

Vertigo @ 18:

Next up: Pigs will fly.

Don't you dare insinuate that Sarah Palin is too fat to fly.

Maybe it is her tube of lipstick that is holding her down.

Isawthelight @ 63:

I love it when these decrepit freaks criticize McCain for his age.

That's where you are wrong. We older Americans actually know how it all slows down with age and have been watching this man go down hill during then entire campaign. I'm just surprised that Wills and company are actually admitting what is so obvious to those of us 60 and above. Running a country in these trying times is too much for a 72 year old man with bad health, bad disposition and a bad running mate.

This ain't a football game, where you fire the quarterback and hire a new one if all doesn't work out. THis is a country with deep problems and a man with no discernible leadership skills applying for the job. Think long term.

Seems to me that it all crumbled because people took out loans they never intended to pay back...just exactly what Obama is proposing for his healthcare plan.

tmatwell @ 78:

Seems to me that it all crumbled because people took out loans they never intended to pay back...just exactly what Obama is proposing for his healthcare plan.

Well, actually, if the industry had wrote the loans with terms that people could pay off, the industry wouldn't be in this mess, now would they?

You must be new here. Because you have missed a LOT of reporting on this site which points to massive racism and sexism involved in the mortgage meltdown.

Of course, if you think Obama's plan has issues, wait till you read McCain's. Previous article.

George Will: John McCain showed his personality this week and made some of us fearful.

Whoa! What a way to end the clip!!

Kathy in St. louis @ 77:

Isawthelight @ 63:

I love it when these decrepit freaks criticize McCain for his age.

That's where you are wrong. We older Americans actually know how it all slows down with age and have been watching this man go down hill during then entire campaign. I'm just surprised that Wills and company are actually admitting what is so obvious to those of us 60 and above. Running a country in these trying times is too much for a 72 year old man with bad health, bad disposition and a bad running mate.

This ain't a football game, where you fire the quarterback and hire a new one if all doesn't work out. THis is a country with deep problems and a man with no discernible leadership skills applying for the job. Think long term.

Although I'm not in my 60s, I recognize that I have slowed down considerably since I was in my late 20s & early 30s. I would like to think that my mental acuity is still in tact, but I have my days!

In any event, his age is an issue. Some people remain sharp well in to their 70s, but you can definitely tell the quick-witt and ability to orally articulate is not what it used to be.

tmatwell @ 78:

Seems to me that it all crumbled because people took out loans they never intended to pay back...just exactly what Obama is proposing for his healthcare plan.

well it's more complicated then that. that's what some people want you to believe. you actually believe this
financial crisis is all consumers and people paying
mortgages.....your wrong.
the obama healthcare plan/proposal is directed at
enlarging the PAYING pool. it's not social healthcare
like the healthcare plan mccain enjoys. enlarge the
poolsize will reduce the cost some subsidizing for people who can't afford the plan.
i have a feeling your mind is made up and you have
it all figured out.
go ahead believe mccain who changes his mind often
fire the SEC commissioner that was ridiculous. the
fundamentals of the economy are strong....then
bailout under republican calendar.

Has anyone noticed that the last time this shit happened it was after eight years of Republican rule?

Fearful? Try scared shitless!

The clip cut off too soon. i would have loved to have heard what george will said after his "make some of us fearful..." comment.

Did anyone see this in real time, and did will say anything of import after this?

I agree this is a great clip.........and quite unusual. But will it mean anything to the beer drinking, NASCAR fan, 'American Idol' electorate?

Unfortunately no; because in their eyes, McCain - Palin will keep them safe!?

Hell, they dont even like McCain, they just like Palin. Conservatives have been shitting on McCain's head for 8 years. You could tell them he was eating babies and they'd think, "ya, its mccain, of course he is" because that's how theyve been trained to react to him (by talk radio).

If George Will is fearful, imagine how us liberals feel.

Why is Sam Donaldson wearing Trent Lott's toupee?

kerplunk @ 89:

Why is Sam Donaldson wearing Trent Lott's toupee?

No, I think that's a pork chop he's got sitting on top of his head.

8 years of President Turnip, McCain is clueless on the economy, changes his tune depending on which way the breeze is blowing, Palin is a milf nowhere near qualified...

what I'd like to know is how is it possible this race is even remotely close?

Hey what do you know, pigs do fly!

VietVet8666 @ 37:

Yeah, the fix is in.

All we need is significant disruption of the financial markets.

National Emergency.

Shrub takes power under the continuity of government (COG) legislation.

Suspension of all laws.

Shrub becomes dictator until the National Emergency ends.

Righto. It's not legislation, actually, Presidential Directive #51 is the COG document that will be used to retain power. And, Homeland Security Directive #20, I believe,
has lost of interesting info about how those creeps will be interfering with our daily lives.

I really thought Cheney/BUsh were going to try another false-flag attack like 9/11 in order to do their dirty deeds, but I guess there are a lot more folks in the US today who would be just a little more skeptical about another terr'ist attack.

So, I suppose a continuing and deepening of the financial crisis would provide the justification Shrub would need to declare an emergency. Plus, for the neo-cons, elites, corporatists, owners of the Fed, and general fascists "leading" this country, it will give them the chance to completely loot the treasury, buy up all the hard assets form the failing banks/corps/fin. inst./ at pennies on the dollar, and thus complete -
in T. Boone Pickens inmmortal words "the greatest transfer of wealth is history" - what one might call the "trickle up theory" - from the middle class to the oligarchs.

Time to stock the pantry.....though, I'm guessing that those of us who've been posting on sites like these may find comfortable accommodations awaiting us in some lovely FEMA camp in Indiana.

After the blunders by McCain/Palin, this week, it is hard to imagine ANYONE voting for them! Where are the 'Polls" doing their sampling?

Hats off to Donna Brazille for raising the question concerning the big Rush and clearing up the vote from the "white middle class. who have trouble with many candidates .

Speaking about Foreign Policy; At the moment, we seem to be the laughing stock, mainly because of the Republican Candidates, and our Financial Crisis!

MAY GOD BLESS AMERICA
LAND THAT I LOVE

I saw it live, and after George Will said "John McCain showed his personality this week and made some of us fearful." he looked at the camera and said

"Jes' kiddin'"

Me, jes kiddin'.
Seriously, I think a statement like that from George Will is huge.

mccain is going to try to oppose the 700B plan to prove that he's a maverick. as it is, his stand jives with that of the democrats in congress (more oversight etc).

tmatwell @ 79:

Seems to me that it all crumbled because people took out loans they never intended to pay back...just exactly what Obama is proposing for his healthcare plan.

please educate yourself about the issue first. thanks.

motorfingaz @ 50:

Quote of the segment, from George Will of all people:

John McCain showed his personality this week and made some of us fearful.

*OUCH*

That is indeed the money quote and coming from Wills... Mr. Arch Conservative that speaks voumes!

No one should forget that Bush still has his executive order that allows the executive branch to take control of the entire country in the case of an "emergency"

The National Security and Homeland Security Presidential Directive (National Security Presidential Directive NSPD-51/Homeland Security Presidential Directive HSPD-20, sometimes called simply "Executive Directive 51" for short), signed by United States President George W. Bush on May 4, 2007, is a Presidential Directive which specifies the procedures for continuity of the federal government in the event of a "catastrophic emergency." Such an emergency is construed as "any incident, regardless of location, that results in extraordinary levels of mass casualties, damage, or disruption severely affecting the U.S. population, infrastructure, environment, economy, or government functions." [1]

The unclassified portion of the directive was posted on the White House website on May 9, 2007, without any further announcement or press briefings,[2] although Special Assistant to George W. Bush Gordon Johndroe answered several questions on the matter when asked about it by members of the press in early June 2007.[3]

http://en.wikipedia.org/wiki/National_Security_and_Homeland_Security_Pre...

There is your real "money quote"

if mccain wins, this clip needs to be saved for the next generation to so they may see what the costs of ignoring logic are.

Roundtable Consensus: McCain is clueless on the economy

And yet they will still vote for him!
They may hold their noses when they vote ...... But they'll do it!

they all seemed to be a bit slow and reticent, especially cokie roberts. it's as if they were given a completely different set of marching orders this morning. it's as if they were told to bash their favorite son.

Until "This Week" preempts NASCAR, Dancing with the Stars and Country Fried Home Videos, who's going to care? Who's mind are they going to change who hasn't already decided who they'll vote for?

VietVet8666 @ 15:

If Obama gets elected, it will be because the Paulson crew have bought him off.

The entire ABC panel is scared of McMain. Donaldson: " His personality came out and it is fearful!" Duh!

So, if McCain is elected, Vietvet?

Apparenty Vietvet is fine with it. Maybe he thinks it will lead to the fighting in the street moment that his arm-chair quarterbacking seems to imply he wants. I suppose its almost a rapture moment in history for him. Problem is that most like him will be the first to run if that happens. Viet Nam vet. Hell, he can barely walk. Truth of the matter is he is all talk and no action!

masha @ 99:

tmatwell @ 79:

Seems to me that it all crumbled because people took out loans they never intended to pay back...just exactly what Obama is proposing for his healthcare plan.

please educate yourself about the issue first. thanks.

Please educate yourself before you try to write something you think adds to the discussion because so far you obviously have not.

It took 8 years of a historically bad president, a wall-street crisis of epic proportions and a presidential candidate (McCain) who is a blathering idiot, but it looks like the press has finally realized that the emperor does in fact have no clothes

The economic al-Queda that is the Bush Administration has struck again, attempting to pull the biggest swindle against the taxpayers yet. Handing over their money to the oil companies and other corporate friends wasn't enough (by starting an unnecessary war in Iraq so they can make profits from war contracts at taxpayer expense). No, now it's this "crisis", one which lets them keep their mostly ill-gotten gains while taxpayer Joe gets the equivalent of anal rape as Uncle Sam takes his giant middle finger and sticks it up our collective asses.

Bend over, everybody, here it comes again.

Shannon said:
McCain’s Media Base is shrinking for the same reason that he chose such a demonstrably unqualified Palin:

The Republicans are tanking it.

They have prepped the road to perdition with unquestioned assumptions and terroristic calls for haste. Can anyone say Patriot Act?

They put the country in the deepest hole possible (Nixon, Ford, WIN Buttons, Gas Crisis) then they run an unviable ticket (Ford/Dole). The country elects a Democrat(Carter) who gets the blame for the mess left bt the Republicans. Democrats get a bad rap for years to come.

Don’t let history repeat. FIGHT the bailout.

Shannon, I think you are correct in your assessment. I think they are trying to tank it just so their party can avoid that the bashing that the next administration will undoubtedly fall prey.

I am scared to death that McCain will win and afraid if Obama wins because the Dems will be blamed if this mess is not IMMEDIATELY cleaned up. It will probably take 10 years to dig ourselves out of the financial hole with the RIGHT leadership and the RIGHT plan. This is not an easy fix. But we have become a nation of citizens who expect instant gratification and have the attention spans of an autistic three-year-old.

It seems that the majority of people is this country have no insight into what got this country to the brink of utter and total financial disaster. Yes, I say brink because there is still more fallout to come and it is not going to be pretty.

The ruling class with their unbridled greed has created the financial crisis with the help of both parties but the Republicans along with their elected corporate shill W deserve a special place in hell. Just create the crisis, top 5% reap the benefits and the other 95% just get raped. Yeah, I read The Shock Doctrine: The Rise of Disaster Capitalism it is pretty prophetic.

yeah when John McCain shows his personality and makes George Will fearful then the only thing left if Ethel Merman.

Kookie and George Will supporting Obama? The world has indeed turned upside down.

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